The Housing Chronicles Blog: BuilderBytes' MetroIntelligence Economic Update for 12/15/11

Thursday, December 15, 2011

BuilderBytes' MetroIntelligence Economic Update for 12/15/11

Please click here to see the edition of BuilderBytes for 12/15/11 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:

  • Federal Reserve leaves interest rates alone, more upbeat about economy
  • Retail sales rise for sixth straight month
  • Both sales and business inventories rise in October
  • Federal budget gap narrows from a year ago
  • Both import and export prices less than expected in November
  • Mortgage applications rise by 4.1% from previous week
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